The Freedom Over Texas festival and concerts were canceled after floodwaters drenched Eleanor Tinsley Park.&nbsp;

Homer, Michelle

The city says they were all part of the decision to cancel the festival, even though they were footing the cost. And they’ve all signed up to do it again next year.

The city did put a little of their own money in as well, but only in personnel costs, from city employees to police presence.

But they’re also losing out on thousands - money they would normally make from gate tickets and concessions. That comes to about $200,000 to $300,000 each year. That money usually goes into their rainy day fund, which, so rightfully named, they also had to dip into this year for a little help.

Homer, Michelle

Overall, about 5,000 tickets were already sold. Those will all be refunded. The festival usually gets an average of 50,000 people each year. About 30,000 of those are buying tickets.

As for next year, the show will still go on. The city says they will spend the next six weeks wrapping up this event and then start planning for 2019 in the Fall.